GEM Digital invests $35 million in Zenith Chain, a blockchain-based startup
Zenith Chain Exchange is a cutting-edge new-age cryptocurrency exchange with a secure trading.
Zenith Chain, a Blockchain startup based in Lithuania, has partnered with GEM Digital Limited to raise $35 million in funding. According to CEO Jonathan Emmanuel, the investment will help the company advance from where it is now to a far stronger position. At the same time, the entire team continues to work relentlessly to improve the company’s operations and general management.
ZENITH CHAIN SECURES $35M INVESTMENT FUNDING 🎉🚀🔥
Zenith Chain has signed an investment funding deal worth $35 Million with GEM Digital Limited.
— Zenith Chain (@zenithchain_co) April 9, 2022
“This investment backing from GEM will help the company improve its existing products and create new ones, thereby fulfilling its aim of producing blockchain solutions for the widespread use and ultimately growing user adoption,” he says.
Zenith Chain is a blockchain technology startup developing a low-cost blockchain system that provides speed and security while charging near-zero transaction fees. The blockchain is compatible with all current Ethereum smart contracts and is also suited for the minting of NFTs and the development of decentralized crypto exchanges. The company is already regarded as one of Lithuania’s most incredible startups.
Zenith Exchange is a cutting-edge new-age cryptocurrency exchange with a secure trading. It’s a regulated exchange platform that takes care of things like security, liquidity, and fiat to crypto and vice versa transactions, among other things.
GEM Digital Limited is a company that invests in digital assets. The firm, based in the Bahamas, actively sources, constructs, and invests in utility tokens listed on over 30 CEXs and DEXs around the world.
Global Emerging Markets (“GEM”) is an alternative investment firm based in Paris, New York, and the Bahamas with a $3.4 billion market capitalization. GEM oversees a wide range of developing market investment vehicles and has executed over 500 transactions in 72 countries. GEM and its partners have access to Small-Mid Cap Management Buyouts, Private Investments in Public Equities, and select venture investments through the family of funds and investment vehicles. The degree of operational control, risk-adjusted return, and liquidity profile of each investment vehicle vary.